All language subtitles for vid 9 EN

Okay folks.

Welcome back.

I appreciate your patience
over the last day.

Um, still have a couple of things I got
to do housekeeping wise, and I appreciate

your patience in letting me to do that.

The current economic calendar for today.

Obviously we have a late start
today and we're looking at.

Crude oil inventories at 11 o'clock.

So we've got about 40 minutes, 45
minutes or so until that number is

released, that should affect CAD as well.

So we're going to be observing a dollar
versus the Canadian dollar, and we'll

go over that in a few moments, but for
now, it's going to take a look at what's

already transpired and what may be
unfolding for the remainder of the day.

Right.

You should be seeing the dollar index.

Okay.

And I'm going to, and yes, I'm recording.

Thank you for the reminder.

Um, I'm going to put your questions tab.

Okay.

And, uh, I saw your question before I,
uh, uh, clicked over the reason why I

don't look at low impact news is because
I don't have that much influence it.

Doesn't I don't believe it has
that much influence over the

type of, uh, magnitude of movie.

If I'm looking for it, it's
either going to be a medium impact

or a high impact news event.

That's usually what's used to mask.

The manipulation is seen in price action.

All right.

So do we have the dollar index?

Okay.

And we moved above these highs.

We were aiming for that as well.

Um, we can move rather aggressively
yesterday through it came up here

and hit the bottom of the bear order
block, which is the last bodied candle.

Notice that we're not
using this candle here.

It's a down candle with a
small little lower close.

And this up candle here.

Isn't the highest one either.

It's this one, even though it
has a little bit of a wick on

it, we're using the end of that.

And the low there's a
fair value gap in between.

Let me zoom in on that.

Just remember the folks that are trying
to watch this on their iPhone, iPhone

four, where you're looking at advanced
box size screen, you're on a why you

would watch that there, but, uh, Opening
and the low on this, the, the low comes

in at 98 0 9 and the opening is 98 13.

So between 98, 13 and 98, 0 9.

That's where the fair value gap is.

And if you go over to see what today's
high is, today's hive comes in, right.

98, 12.

So it was just one PIP short away
from the opening on that bears on a

block relative to the daily chart.

And it's not unreasonable to expect some
measure of retracement or have a pause

in here because we, we broke through an
old high back here on the daily charts.

So it's normal for it to do at least a
one day down to constitute a retracement.

Now it can be forming a high, we
don't ever know that, that some of the

things that I get questioned a lot.

You know, w w how do I know if
it's going to do this or that?

Um, I don't try to pick tops, especially
when the market's been primarily bullish.

And my thought process is this.

Um, if it's, if it's retraced this far
up above this high, I still think that

we're, we're going to probably reach
up above that 98 55, the 98 60 level.

And then ultimately I think we're
ultimately going to go higher really.

I mean, yes, it's the bottom line.

I think we're going higher.

Um, we're getting ready to go into
November where the U S elections

are going to be a lot more catalysts
than they have been thus far.

It's getting really dirty.

Um, a lot of mudslinging and really
just disgusting things being mentioned.

Uh, the government's really trying to
do whatever they can to keep Donald

Trump from being elected, uh, because
he, they know he's going to be a rebel.

He's going to be.

He's going to upset everything.

And he's not even really probably
going to serve the American

public the correct way either.

So there's a lot of certainty with him,
but I would still pick him over Hillary.

And that's just that's that's it.

Uh, Hillary is still the establishment.

Nothing's going to change with her.

Trump may bring all kinds of change,
but it may be also unwelcomed change

and that's going to cause a lot
of uncertainty, a lot of things

are going to go off and people are
going to be running to the door.

As a means of flight to quality,
because that's the way I that's

the way I interpret that.

The way I see it.

Uh, I think that's what this has all
been down here, all accumulation.

And I think they're going to make a run
through that, that dollar mark up here.

Okay.

And we're looking for 1 0 2 to
1, 2 7, 1 explode on blow off.

And if we get to those levels, we'll have
to revisit, see if we're going any higher.

But I do think that we're
aiming for parody still.

Um, we're still looking for parody
on the fiber, your USD as well,

but that takes some time to get out
and, you know, the work that out.

So while they're long-term macro
views on price, uh, we still have

to look at the lower timeframes.

You need to find some objectives and,
and trade within the ranges that are

currently being made available to us.

So classic support resistance guys
are gonna be looking at these, uh, hi.

And on this candle here,
the high comes in at 97, 56.

So we're looking for retail.

We'll be expecting support to come down
in around that 97, 60 to 97 55 level.

And for folks that look at the buys
at candles, like we do, uh, they're

gonna be looking at 97 forties.

Okay.

For support on dollar, me personally.

Uh, I don't want to see anything.

I'll get this out of my way.

I don't want to see anything
below this candle here.

I don't want to see that.

Okay.

Um, it can reach down
into that and hit that.

Well, not so much for that.

Let's do this.

I like that level.

And the reason why I did that, because
there's a lot of work around that

level means that the close on this
candle here, the opening on this candle

here to close on this candle here.

You open on this candle here.

So there's a lot of work around that.

And it's also the middle of this big
down candle, which is a bullet a block.

So this is the mean threshold, so they
can come down and touch 97, 60 to 97 57.

Um, if it goes down through that,
obviously it's going to want to clear

out these equal lows where there's
liquidity pool resting for cell stops.

I don't personally, personally believe
that it needs to go down there.

Um, if it does, it's going to
have to show me a willingness

to quickly get away from it.

Not spend a lot of time below these
lows, because if it does, it's what I

want to come down here and closing this.

And that puts us around that 97 30 level.

And while that still might be necessary
for longer term, I'd rather not do

that because we've already swept
out these lows here right here.

We've already cleaned those out.

We've paused.

We haven't moved away from that.

Now we're getting lower.

So if we get below this wicked.

And get down to this mean
threshold of this down candle.

Excuse me.

That should be, in my opinion,
should be all that should be

necessary for a retracement.

Uh, so 97, 60 to 97, 55, if
it spikes through it without

closing, um, that's exciting.

And then we would make a run
on these equal highs, like

how they left that up there.

Real nice.

It looks like a road solid
retail resistance level.

So folks are going to see that
as safe resistance or 97 98, 10

is a near-term resistance level.

So on your charts,

you want to highlight.

Uh, 98, 10 to 9, 8, 12, uh there's by
staffs resting, just above those highs.

And it's, it's been methodical about
the way they're dropping it down.

So again, all eyes are on that
97, 55 to 97 60 level it should

we lose that level again?

You're going to be paying attention to
this liquidity pool resting below these.

Lowe's down here.

And we run through that.

The last line of defense for near
term bullishness is going to be

this bullish or block, which is the
down candle, pry this up, move here.

So we have a little bit of a liquidity
void here and a fair value gap between the

opening on this down candle and it's high.

So be mindful that this is the 30 minute
chart for your, uh, for your notes.

Just make sure you're aware of that.

Uh, Euro pound.

I still think we're
probably gonna make it.

Up in here.

I'm not sure how we're going to
do that in regards to manipulation

through Euro and cable.

Um, but I do suspect that's
probably what's going to happen

in here, Euro trade it down into
its bullish order block in here.

And we've since come back and now
we're retesting the opening of that

down candle or bull shorter block,
uh, the mean threshold for it.

This is a daily chart against the key tab.

We've pierced equilibrium.

Didn't close through it.

It'll be interesting to see what
we do in regards to today's close.

Do we hold on to it here?

Or we, we press up even higher and
I'll still maintain the thought

process that we're going to want
to go below these lows over here.

I almost did it today with its
willingness to want to reach down

initially, but, uh, it didn't have it.

Continuation from the, uh, the initial
move lower, uh, near term liquidity pool,

S obviously above the intraday high here,
and then we have these highs as well.

So we'll be watching this

right in there and it also takes us
right up into bare shoulder block.

I think it's a 15 minute timeframe.

So.

Using the low up to the opening.

That's a fair value gap.

So we can watch that as
potential upside objectives.

Any question is, okay, let's say
we're looking at price right now.

And this is, uh, just for, uh, a means
of teaching exercising when you're

looking at charts and I'm not giving you
anything in between videos or suggestions.

If you're watching price like
this and price was down here in,

in close proximity to this down
candle, you can do a paper trade.

Okay.

You can do a paper chain set.

Okay.

Hype cycle on the second.

Well, I'm going to buy, if you
have access to the demo account

that you're messing around with and
practicing, you can do a long in here.

Okay.

And then use the stop below that candles.

And you would be reaching
for this objective here.

So let's assume for a moment, the
openness at 10 32 to highs at 10 36,

and as, as price was trading around
in here, um, you could say, okay,

look, I'm going to hypothetically
say, I think it's going to go higher.

Okay.

Now the question is, if you think
it's going to go higher and to buy

it, you're going to add three pips
to whatever that market price is.

So like right now, it would be 10.

If you bought it right now,
your fill will be 10 40.

Now I'm not going to do it
because my counsel hooked to them.

I have textbook and I'm not trying to
mess it up, but you would add three pips.

So, so you'd be at long at 10 40.

The question is, would this
be a viable exercise to do for

a demo or just paper trade?

The reason why I'm asking that is how
much movement is there, between where

we're identifying a liquidity pool and
where you would be taking a long practice.

Exactly.

It's not much room at all.

You're only looking at
about 10 pips or so.

Okay.

So if you factor spread in for
that, even though we can anticipate

where the market may reach up.

It doesn't give us enough room
to frame out a practice trade.

And that's why you need to be
looking at the hard timeframe trucks,

because it gives you a lot more
range in terms of where the market

may go and where it's at currently.

And if it's above us, that where the
market may be reaching for, it's got

to give us, at least in my opinion,
the best scenarios are 40 pips.

If you can't find something that
offers 40 pips, move aside, just

paper trade and say, okay, just
for practice sake in price rating.

I think it's going to go up there,
but I can't be trading it, but I

want to practice my anticipatory
skills and you just watch and

see how many times it's unfolds.

And the more time you do it, the
more time you spend in front of the

charts with higher timeframe charts,
like, again, this is a 15 minute

timeframe, so it's not much in terms
of movement that would be expected.

That's not all that it could do it.

I mean, the obviously go up here
and clear up a little bit of this.

But that puts us around the 10
60, uh, that would give 20 pips.

But, you know, being this late in the
day and the only thing that's coming

out now is inventory on crude oil.

I don't think it's going to be that
much of a catalyst for upside for,

for Euro dollar in that regard.

But that's all you're doing is when
you get in the charts, you look for

those opportunities to find out where
the price may reach for and where we

are in terms of current price action.

And here we're just gonna watch
and see what that does today.

Going into a lemon close.

Cable.

Okay.

Cable is just slowly working its way
down in here to come down below this low.

Um, I think if we go below this
low normal expectations would be

for the Florida dropout and I think
they may end up surprising us.

I think what'll happen is.

They'll take it below the low, by
a little bit, maybe 30, 40 pips.

It could even spike down as much as a
hundred pips below it, but I wouldn't

be surprised if we don't aggressively
come back off of that and try to

wipe out those individuals that are
assuming shorts all through here.

Then still longer-term
going into March of 2017.

I still think we're going to be
down into a one tense, uh, on.

Across everybody's platform.

I think that that'll be the price
everyone's looking at input maybe

even lower than that, but, uh, I'm
watching the, uh, the, the low that

was formed here on the quote unquote
flash crash of British pound USD.

I think they were going to probably
come down here and improve that low

and see if there's anything in terms
of willingness to be a seller below it.

And if we do go below it, you know, I
think after then we'll probably see a

measurable, well retracement and probably,
you know, one that would be, you know,

respectable, you know, if you don't,
it's going to squeeze a lot of shorts.

Cause there's a lot of folks in
here short and new shorts are

being established right now.

So they understand that
everyone's expectation on this

market is to take out this low.

So if they take it below that even
traders that want to trade on a

breakout below that low, they will be.

And those individuals
have been shortened here.

They're going to put your stop loss
above, you know, significant short-term

highs, and then they'll run through those.

And if they're running those by stops
out, they'll be selling into all those

runs on shorts to establish new shorts.

In my opinion, for longer, longer-term
one tens on a pump dollars.

That makes sense.

I'm not saying you have to
agree with what I'm saying.

I'm saying, does it make sense?

What I'm describing?

Right.

Exactly.

Okay.

The, uh,

I just don't see this thing bothering me.

I don't like this.

I think we're going to make them
one more run below the low and

we'll see what we see there.

Once we get through that, unless we
get some wild continuation, lower, you

know, I think it's safe to be a real,
if you're trading British pound, you

really want to dial back your leverage
and give yourself a little bit more room.

If you're used to trading with like a 30
PIP stop, I'd be using a 60 PIP stop and

use the same gearing you use the same Gary
in terms of your leveraging, but don't.

You don't try to get in there with,
with a 10 PIP stop on cable right now

because so many reasons for it to spike
up and down and take you out prematurely.

And it's going to frustrate you.

So give yourself a little bit more
room and a wider stop and you can

still get, and still potentially make
a lot of pips and not necessarily need

a really, really small, tight stop.

Um, today we've been
rather lethargic and quiet.

It hasn't been really doing
much at all for cable.

And we, we had a little
bit, what is this here?

Let me ask you before I talk about
it, for those that are watching,

even in the recording, you
should already know what this is.

Liquidity void.

Yep.

Very good.

So if we identify that and price
has moved up aggressively in here.

Okay.

We have that exposed range right there.

So while it doesn't quickly, immediately
come right back down there and fill it in.

It takes some time.

It, it, it drives down
lower notice witness.

Came down into this void right here.

This portion of that
void is still exposed.

Do you get that?

This portion is still only
been offered on the buy side.

Okay.

They've only seen pricing going through
up, so just like the paint analogy.

Okay.

This portion of the canvas
had to be filled in.

On the downstroke price was delivered
on the up move here and it was

delivered on a down move here.

Okay.

So the last video I did, do you
see how that distribution of

price was, uh, exhibited here?

It was offered on the up
move and then it was closed.

And again, with the down move, perfect
delivery of price is going to happen.

Price offered when it's trading up
through it and then down through it.

Okay.

And that's the efficient price delivery.

Anything, apart from that, you're
going to have pockets or a little

holes or gaps in price, and then the
market will invariably want to go

back to those areas and fill that in.

And that's why I'm saying you don't
necessarily have to have a, you

don't have to have a trading bias,
like everyone's insistent on, you

know, give me the bias for today.

You don't know.

You know, if you understand what
you're trading, um, and what timeframe

you're looking at, you can trade
it with a great deal of precision.

Just understanding what fair
value is and where are the gaps

or the ranges you're trading in.

I mean, everyone knows that this
move here from this low up to this

high, what would that be called?

Nothing in terms of what was the,
it was taught to you in September.

What's this called?

It's a specific exactly.

Impulse prices.

Okay.

So we have an impulse price
swing, and we have that.

We're going to see price wants
to come back down into it.

Okay.

Especially if we have a void, like we have
here, look at the responsiveness on price.

When it got back down into where price
broke away from the bodies here, right

in here, some people would have a,
uh, a line right on top of the wick.

We don't look at the Wix because it's
the thinnest portion of the wall.

The bodies of the candles, when
price blows through that, that's

where you want to have your line.

So when price comes back down to
it, it's going to want to reach

into that level right there.

And it does just by a little bit.

Um, the low comes in at
1 21 36 and it's 1 21 40.

So notice how it went down far enough
to allow the spread to be factored at

buying essentially at that same time.

You can sensitivity can
begin at the WIC back here.

Yes, it can.

But we prefer rather seeing
it come down into the bodies.

Sometimes if you're demanding that
it gets down to that level there,

you're going to see some traits that
escape you and that's going to happen.

You there's no way around it, but if
you're absolutely 100%, gung-ho about

you have to be in that trade, you
know, you're going to use the WIC plus.

And then you get to allow
some room for your, for your

protective stop loss as well.

Notice the bodies of the candles
over here, look at what, look

at what they were respecting.

They had sensitivity really around the
WIC, but price ultimately came down

to where the body's own our own here.

Okay.

So that's why I have that level there.

It looks as though, I mean, we left,
we'd left a really nice area up here.

1 23 42, 1 23 30 in that range.

So there's a lot of bike
stops resting there.

Um, I'm not saying we're going
to go run up and run right up

there right now and get them.

But, uh, that's, here's a scenario
I have in mind when I was looking

at the daily chart, I was expecting,
you know, if we look at this move.

Here's your low right in here.

If we trade down and we take out
this low, you say we move around.

I don't know, maybe down to, uh, 20,
60 or 2050, they're really wash out

that low, get people really juiced
up about wanting to see a breakdown.

And it very well may.

It could keep going down for
a long time and go straight

to one 10 and do it in a day.

And then here you go, you miss one more
opportunity because it moved too fast.

Assume for a moment that trades down there
and gets below the 1 20, 61, 20 50 level.

And then we start trading back up
and we get back above this high here.

I'm sorry.

This low to start making higher highs.

I think personally, they will make
a run on the liquidity about here,

because think about what that'll do.

I don't get I don't price in about 1300
pips for a move down to the one 10.

Whereas if they just let it run
from here, they already have people

already on the ride because we haven't
had any real runs on one stops.

Noticed that since we came up here
and just poked above this short-term

high here, right above that high
here, we have all this down movement.

So people are already net short
and they're making money, but

now they put the brakes on it.

Now we're consolidating.

So while it would be easy to
expect price to keep going lower.

If it's going to go lower of any
significance below that low here, why

would the bank allow everyone that's
already on board short to get a free ride?

That's not going to, that's
not their Mo dynamo is okay.

They already believe
that's going to go lower.

Everybody's expecting British
pound to go down to zero.

So they're short.

And then we held, we had
this move here from London.

It's slowly grinding, higher,
higher, higher, higher, higher.

Ultimately, they may not have
enough buy stops in place in here.

Maybe there's a lot of people that
are just too afraid to get short.

That's what I'm weighing.

Yeah.

I, but that's what I'm saying.

I'd rather see it come down, take
this low out here and then do

a real quick aggressive run up
to just get above these highs.

I would not be fearful of being short
still, even with being, uh, a witness

of, of seeing that, because I would
understand that they're knocking

out everyone that's already short.

That would clear out the entire board.

And by taking these stops out
here, these buy stops at the

market become orders to buy.

And if they're going to be assuming
short positions and we're ultimately

going into the one 10 or lower, you
know, that would be a really optimal,

optimal entry for, uh, being short.

Cause it prices in a broad range
of 1300 potential pips on the down.

In here while it's still can roll
over and go lower and breakthrough to

low and ultimately keep going down.

Um, to me it wouldn't make that
much sense because outside of this

short-term little equal highs in here.

That's all we saw price move above,
but notice we haven't seen any

real willingness to break down.

There's just, no, there's no
willingness to see it go lower.

So,

um, this is not right.

That was being asked if, uh,
was this already right in there?

This is this a retest.

And that allows the
thought process of that.

This is now resistance and therefore
that allows it's engineering.

That's how they do it when
you have a high and it comes

right back and just touches it.

Or maybe it falls by one PIP or
goes above about two or three pips.

We want to see 10 pips or
20 pips sweep above it.

See what they're doing is that they're
giving you an, uh, retail trader rather.

Premise that this looks like what?

I mean, if you ask anybody, if you showed
them that chart there, they're going to

tell you it's hitting resistance and say,
okay, get short price is going to go down.

Okay.

And now all of a sudden
they think they're smart.

Now they're a genius.

They can't be wrong.

Um, definitely make all kinds of money.

The low is going to break out.

And then all of a sudden you get this.

Anyone that's short way back way earlier.

Okay.

This is the most logical area for
them to want a trail, their stop loss,

unless they're ultra really aggressive
and they don't want to lose a penny.

You know, they may have their
stop above this high here or above

these little short-term highs in
here that would have been viewed

as a short-term resistance level.

And they brought a clean news guys out
and they haven't really moved price.

They just kept it sideways.

So I think what they're doing
is they're giving folks a

chance to trailer stop loss.

Because apart from going above these
highs in here, I don't think it's good

for the market to go lower near term
if they go much above these highs.

Okay.

So above these equal highs,
let me draw that out.

Cause I do sometimes.

Okay.

Read about these highs in here.

That's where I think the buy stops are.

So if they make a run.

That point here and it
may, it may not happen.

It doesn't have to happen, but to
me it would be logical for that to

happen after, after it takes this
low out, because what they'll do

is they'll trip people in short.

Okay.

You're going to be knocking
people into the marketplace.

Initially first, going short,
then aggressively running up

on the trail to buy stops.

That will be above whatever highs
are we in here and ultimately

aiming for the bicycle.

Now to do that, they would be establishing
shorts at every time that new highs

would be violated, they'd sell into it.

So until it sounds, and they would
ultimately aim for the biggest portion.

To knock out those individuals prematurely
now without taking out the low.

Okay.

The only participants that have
stem cell stops, I'm sorry.

Good grief by stops on their
short positions above these highs.

Here are the folks that
have already sold over here.

And I think I was the only one
that went short that I know of.

Okay.

That was willing to do anything with
it because of all the fear around it.

This is the only logical area where
the stops would be at right now.

There's not enough new
sellers in here yet.

It's been, everyone was scared.

They all watched the reaction
and they've been reading routers.

They've been watching, uh, you
know, CNBC, you everyone's got their

opinion of why the cable went down.

We explained why it went down.

It was the central bank
repricing third one 20 level.

But if.

You put that aside for a moment, just
look at, what's been going on here.

I mean, the market, that's scary to watch
it go down 800 pips in three minutes.

You know, that that's,
it's, it's dramatic.

So it puts people on the brakes.

Okay.

And they're sitting on the sidelines
and they're watching cable.

They all have a Twitter opinion.

They all have a Facebook demo account.

You know, that's linked up to something
and they're going to make a thousand

pips, but really most traders are
on the fence about what they want

to do with cable to their side.

So even if this thing goes
lower, think about it.

Why would the bank, why
would it apply with the bank?

Make a run down to one 10 from these
levels right now, when they don't

really have enough participants in w
w w like where, where, where, where

are the buyers at there have to
have, they have to have buyers in.

So what they're going to do
is they're going to engine.

To get those stops.

Okay.

To sell into it.

Okay.

The smart money has to have books.

The way they get those buyers is they
attack buyers above current price.

So if the price drops any
farther from here, okay.

The only sell stock, I'm sorry.

The only buy stops that are
in the marketplace are those

by stops that are above here.

Small little pool of biceps
above this high here.

Some by stops above here.

And then whatever it would be
recessed, you know, residing here.

So here's my, here's my question.

And I want you to really think
about this because this is what

makes you got to stop talking.

I'm not continuously talking as
much as I'd like to talk a lot.

I'm not always, I'm not always talking.

So apart from these equal highs, you know?

Yes, the market has drifted lower.

Okay.

The market has drifted
lower, but how much.

We sing in terms of short-selling,
there's not been a whole great deal of,

uh, you know, opportunity outside of
this run here and in the retracement.

So the bulk of where I believe the
Bystolic reside are above this high

here and above these equal highs.

Maybe there's been a small
measurable amount of liquidity.

That's been trailed down the here
from those individuals, solar.

Okay.

That's, that's fine and
great, but that's not enough.

It's not enough to establish more
selling because the banks are greedy.

They're going to want to
be positioning more shorts.

So it lends well to the idea that
if we do just drop down here, okay.

They know that the folks that are
going to expect this low, the break,

they think it's going to go down
a lot more to these individuals.

So they're going to be willing to
hold onto their short position.

They may give up a small piece of the pie.

They being smart money.

They may give up a small piece of the pie
by letting price go down below this low.

Okay.

And then allow these folks that are
short up here to trailer stop loss

to here, or whatever would be here.

Okay.

And ultimately the longer-term
bears leaving their stop up here.

They won't be safe either because
when they drop it down, All of a

sudden new shorts will be in and
the new shorts will put their stop

above whatever recent high will form.

And then when they reprice higher,
every time it goes through these

positions, short terms, highs, those by
stops will allow the bank to go right

in there and establish new shorts.

And then they'll allow price to run
down and go to the one 10 level.

Does that make sense?

I mean, that's just the
scenario I'm seeing.

And it's not the only one that could
happen, but that given what we're

looking at here, that's what I would
personally and reasonably expect.

Um, and the reason, and that's why
I believe we're going to go down

below this low before we come up
here first, because it wouldn't

make any sense to come up here yet.

There's not enough.

There's not enough.

Buy stops up here.

And we talk about open float
later in this, uh, mentorship.

You'll understand why, but I'm just giving
you the foundations of why I believe

that more, most likely going to take this
low out before we come up here, because

there's gotta be more by stops, occurring,
informing, forming above current market

action before they send price lower.

And that's the first lesson I taught
on baby piss in 2010, I said that

you want to be looking for price to
come back to a previous high running.

If you're bearish, that's the best selling
scenario because they ran the stops.

They only went up there to take
this buy stops out and convert them

to liquidity for their selling.

And if the market goes down below
a previous low, and you're bullish,

they have only repriced below that
low to, to exercise those buy sell

stops to induce selling liquidity.

So that way they can buy into those cells.

And then you'll see price expand and go.

And it's uptrend.

It's really important.

That's why I gave it to you the first
month, what to focus on because if

you, every single day, when you're
looking at price action, and you

look at these reference points, you
can't, you can't not understand what

price is going to do as a result.

It will be by default,
you're going to see it.

You won't understand why
they're doing what they're

doing and you'll anticipate it.

So right now that's why
we're consolidating.

It's allowing folks to,
uh, you know, build.

Expectation that this is going
to take it's run out and in more

bypassable form above these reference
points that I've just noted here.

So again, the least resistance is below
this low, but if we break below that low,

I'm going to be really inclined to believe
that they're going to make a run or

squeeze on those positions that are short.

So you're gonna be focusing on your
short-term highs with the expectation that

there may even run all the way up to here.

And now think about this.

Let's say that happens.

Say that the bridge pound blows
out this low and then screamed.

Okay for a week and takes
out the stops above here.

Everyone's going to think
that we made the low wouldn't.

You expect that if that's what
happens, say we take out the load

that was formed on the 11th of
October, and then we scream all the

way up over a series of several days.

And we'd go up, back into the one 2340s.

Everybody's going to assume that
that was the low and the British Pam.

When in fact my expectations would be.

They only came up there to knock them out
and then we're going to see the one 10th.

So that's, that's, that's
the scenario I'm playing out.

And if I had control over the price,
that's exactly what I would do.

I say exactly what I was doing.

I would consolidate this
thing all day today.

Okay.

I would send it up tomorrow in London
and in so off aggressively and make a

straight run right down into these lows.

That's what I would personally
do with that control report.

And I would know that there'd be
all kinds of willingness to be a

seller for the masses out there.

And I could buy that up and I could make
a run from 1 20, 70, all up to 1 20, 3 40,

and then I established my longterm shorts
here and then let it unfold down into

one 10th over the next couple of months.

That's what I.

So, no, I don't have control over price.

I'm working on it though.

I am working on that.

That's the next mentorship by ever
established control over price.

That's that's the next time we do a
mentorship until then we have one.

So.